20341124P00025 - TRM SW LICENSES
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for IT Hardware was awarded in FY2024 on Sep 18, 2024 to TRM LABS, INC. by Treasury Inspector General for Tax Administration. There have been $49k in obligations to date with a ceiling value of $49k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Sep 19, 2025.
TRM LABS, INC. is a contractor located in CA, doing primarily IT Outsourcing work for Justice. Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
Purchase orders offer the Federal Government an avenue to streamline smaller purchases. Compared to the typical procurement process, where a requirement moves through several milestones before award, purchase orders allow for a quick turnaround to fulfill commodity and service needs. The total value of a transaction is the primary prerequisite for the use of purchase orders. In more familiar terms, purchase orders resemble a trip to a local retail store to buy a few items.
- Contract Number
- 20341124P00025
- Contractor
- TRM LABS, INC.
- Obligations to Date
- $49k
- Ceiling Value
- $49k
- Award Date
- 09/18/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Treasury»Treasury Inspector General for Tax Administration
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